Entrepreneurship for development A/RES/67/202 countries at all stages of development as they advance towards sustainable development; 4. Emphasizes that partnerships with the private sector play an important role in promoting entrepreneurship, generating employment and investment, increasing revenue potential, developing new technologies and innovative business models and enabling high, sustained, inclusive and equitable economic growth while protecting the rights of workers; Invites Member States to strengthen the capacity of national financial 5. institutions to reach out to those who have no access to banking, insurance and other financial services, and encourages them to adopt regulatory and supervisory frameworks that facilitate the safe and sound provision of services to such populations, increase access to information and promote financial literacy, particularly for women; Encourages Member States to expand alternative sources of financing 6. and diversify the retail financial service system to include non-traditional providers of financial services, such as microcredit and microfinance, stresses the value of a sound regulatory framework in this regard, and also encourages the provision of incentives to microfinance institutions that meet national standards for delivering sound financial services to the poor, with particular emphasis on women; Emphasizes the important role of national efforts aimed at bringing 7. informal workers into the formal economy and integrating them into national social security systems; Recognizes that technological improvement, particularly through the 8. diffusion of technology, can provide new opportunities for businesses to improve their competitiveness, and in this regard encourages Member States to increase cooperation in support of technology exchange and transfer, innovation and capacity-building programmes for promoting entrepreneurship; Also recognizes the value of teaching entrepreneurial skills at all levels 9. of education, ensuring the full and equal participation of women and girls, and encourages entrepreneurship education through skills development, capacitybuilding, training programmes and business incubators; 10. Acknowledges the role of entrepreneurship in enabling youth to turn their creativity, energy and ideas into business opportunities by helping to facilitate their entry into the labour market; 11. Recognizes that democratic political institutions, transparent and accountable public and private entities, effective anti-corruption measures and responsible corporate governance are key conditions for making market economies and enterprises more responsive to the values and long-term goals of society; 12. Acknowledges that the private sector can contribute to the achievement of sustainable development and support national regulatory and policy frameworks that enable business and industry to advance sustainable development initiatives, taking into account the importance of responsible business practices and corporate social responsibility; 13. Encourages the international community to support the efforts of countries to promote entrepreneurship and foster the development of small and medium-sized enterprises and microenterprises, taking into account the challenges and opportunities of increased trade liberalization; 3

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